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Mayor Vincent Gray, from November 2012. During his State of the District address Tuesday, Gray unveiled plans to reform the regulatory and contracting systems while investing $100 million in affordable housing.

Mayor Vincent Gray on Tuesday rolled out his strategy to grow and diversify the District's economy: add thousands of affordable housing units, reduce business-related red tape and tackle the mess that is the D.C.'s contracting system.

Gray's 6,000-word State of the District address, delivered at the Sixth & I Historic Synagogue, offered the expected updates on major D.C. projects (Walter Reed, St. Elizabeths east, Skyland), the tower crane count (55), the nod to technology as a growing economic sector (the launch of 1776), and a pat on his back for lower unemployment (8.5 percent), his One City One Hire program (5,300 jobs city residents hired), population growth and reduced violent crime.

"Make no mistake: My administration is working with the fierce urgency of now to make sure the District’s economy continues to grow, diversify, and reach new heights — no matter what happens with sequestration and the federal budget," Gray said.

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